Head over to bank rate or and take a look at the mortgage calculators, plug in the numbers and get an idea of what the property needs to generate to satisfy the intended debt.You still have to underwrite the deal for the non-finance expenses as well(typically 40-50% of the gross rents). 

He is the broker  He has more responsibilities as the broker.

The student brought the mentor in to conduct formal due diligence and the partnered together to make an offer on the property.

We called the number and were able to view the property within a few hours.

@Martin StreichPlease go to your profile page https://www.biggerpockets.com/users/msresolutions and click on your photo to update it.

When a developer can't obtain subsidies for their affordable housing projects, do they just wait until the next round of subsidies availability? 

I looked into a program that is called the rei accelerator and they said they will guarantee me a deal of a 60+ unit apartment building in the next 4 months and i will get to a closing table and generate $20,000 a month off my first deal with working with them.

The effort to foreclose, the limits on rates, etc.Maybe a unicorn to find HML that will loan him the necessary money, but I doubt he will find it.  

The mortgage and property taxes use up most of the income from rent.Don't focus on the number of rentals, focus on the quality of the rental. 

The won't insure you or they will jack up the price considerably.